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Is apartment living the new Aussie dream?

Apartments are the new, more affordable living option!

Single person households are the fastest growing demographic in Australia and with blocks of flats going up all over the country, is the great Aussie dream now a fab apartment?

Where once we were a nation of detached homes with enough room for the kids and a dog, are we now moving towards high-density living? Will houses on big blocks soon be a thing of the past?

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With house prices rising particularly in cities such as Sydney and Melbourne, for many buying an apartment can be a more affordable way to enter the property market.

Since the GFC building approval rates for units and apartments have been on an upward trajectory.

 

To read the full article http://www.realestate.com.au/blog/is-apartment-living-the-new-aussie-dream/?rsf=edm:marketupdate:mar:2016:a3